95PB Mortgage 1 A

RNS Number:0957G
Mortgages No 1 PLC
13 January 2003


As Agent Bank, please be advised of the following rate determined on: 
13-Jan-2003.

Issue             :  Mortgages No.1 plc - Class M
                     #10,500,000 Mortgage Backed FRN due April 2033
ISIN Number       :  XS0111091525
Issue Nominal GBP :  10,500,000.00
Period            :  13-Jan-2003  To  14-Apr-2003    Payment Date  14-Apr-2003
Number of Days    :  91
Rate              :  5.39625 
Denomination GBP  :  10,000.00      100,000.00
Amount Payable
Per Denomination  :  134.54

From:
Institutional    Telephone 44 (0) 1202 34 1286
Trust Services   Facsimile 44 (0) 1202 34 7438


                      This information is provided by RNS
            The company news service from the London Stock Exchange

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